PTC reviews

4.1

88% would recommend to a friend

(2,792 total reviews)
avatar

Neil Barua

84% approve of CEO

81% positive business outlook

PTC has an employee rating of 4.1 out of 5 stars, based on 2,792 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The PTC employee rating is in line with the average (within 1 standard deviation) for employers within the Informationstechnologie industry (3.9 stars).

Reviews by job title

3K reviews
1.0
Jul 2, 2015
Recommend
CEO approval
Business Outlook

Pros

Interesting work/projects, some good teammates, good PTO policy and benefits. Good product history and broad product line. Nice campus.

Cons

The make quarterly numbers by indiscriminant RIF. It would seem that they are putting all their eggs in the Iot/SCP basket and at the same time, stagnant or reduced funding for existing product lines.

1.0
Jul 2, 2015
Recommend
CEO approval
Business Outlook

Pros

Worked here over 15 years, they where founded on innovative market leading ideas (parametric modelling). They have lost their way a bit chasing the latest new thing, but in truth all the ideas do fit together. Its just the execution that is lacking. IoT could be great... better than great... if they get it right. Depending on the group you work in you might work with really smart people on innovative ideas

Cons

As everyone says - nepotism and favoritism is rampant. Promotions (with 6-7 figure bonuses) handed out like candy at SVP/DVP/EVP level to the inner circle. If you have the right last name you are golden. Everyone else gets left to rot. Massive layoff this year letting go many of the people who built the company from the ground up go. After a 6 month delay we got small raises, but they conveniently cut stock compensation the same amount so its a wash. Execs pay lip service to increases but really gave zero. You can have a 10+ year record of star reviews and deliver on every goal, doing innovative technical things that provide real benefit to the bottom line, but then get passed over for promotion. Meanwhile the supporting roles that dont direct impact product delivery and revenue get promotion after promotion. The result is that those of us left are massively overworked and see no incentive to want to do great things.

3.0
Jul 2, 2015

get the work done

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Co workers, technology, life balance

Cons

just do your work and get your salary.

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Glassdoor has 3,264 PTC reviews submitted anonymously by PTC employees. Read employee reviews and ratings on Glassdoor to decide if PTC is right for you.